Agoracom: Small Cap Investment - Noront Resources - Re: OT

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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bravekind

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Re: OT - Treasuries, oldster

in response to

Re: OT - Treasuries, Bravekind

Oldster

posted on Sep 25, 2008 07:48AM

Exactly.

Tulving is another long time reputable firm, much of their silver has been sold out also. They do have some silver eagles, $3,99 over spot! so that is $17.19 for one ounce of physical silver. They are also out of most of their gold coins.

The argumnent is that the available coins are in short supply, but that silver contracts, presumably for the stuff in the vaults, have experienced a decline in demand. Others says that's why you have such a markup on the physical. The spot price is based on a 'promise' to deliver, and is no longer relevant and is also easily manipulated..